Summary
Trump recently shared a provocative column on Truth Social titled “Shut Up About Egg Prices — Trump Is Saving Consumers Millions,” written by conservative activist Charlie Kirk.
This comes despite Trump’s campaign promises to reduce grocery costs “immediately” and “on Day 1.” Egg prices have soared to record highs, averaging $4.95/dozen in January and exceeding $10/dozen in some regions, leading to purchase limits and shortages.
While bird flu has significantly impacted prices by killing millions of chickens since 2022, Trump has shifted from his campaign stance, recently telling Fox News “Inflation is back” but claiming “I had nothing to do with it” after just weeks in office.
“Shut up about the issue that I could actually be solving, but instead I’m too busy bullying our allies and making things even more expensive”
Yeah, no. Fuck off Mango Mussolini
“I will immediately bring prices down starting on Day 1,” he said on Aug. 15, for example. “Starting the day I take the oath of office, I will rapidly drive prices down,” he promised later that same month.
He backed away from that last month.
Everything’s normal. This is what you voted for, Murca!
blind men following the one-eyed dumbass.
I think it’s far more sinister than that. In this case, I attribute to malice what could be explained by incompetence.
There is a heavy element of malice here, but lest we forget there’s also more incompetence than any other administration in history, even the first Trump admin.
Trump is a dangerous combination of incompetence and malice
That just makes me want to talk more about egg prices. Also fuck Charlie Kirk, I hope his face keeps shrinking until it disappears.
Normally I would agree that the president had little effect on prices since that is largely the job of the Fed. But Trump being wishy washy on tariffs is really fucking things up. It is extremely hard for businesses to plan for shit when massive tariffs are planned, then delayed, then implemented for three fucking days before being held off again for a month. How the fuck are businesses suppose to do any sort of inventory planning when they don’t know how much something is going to cost them if they hold off for a day to buy things. Or they bought in bulk under the assumption that they would have to pay significantly more later are now stuck with a ton of inventory they may not have room for.
So yes, in this case Trump is having a large effect on prices. If it was just tariffs, inflation would temporarily go up and the Fed would increase interest rates and the recession it causes would slow inflation. But the Fed can’t plan for the dipshit president going back and forth in tariffs.
rando firings that effect government entities that stabilize farm prices and respond to things like bird flu can have somewhat of an effect to.
Yes to the first one, not as much immediately to the second one. The second one would likely have more medium term effects.
What I find interesting about this is that we had a similar situation in the UK with Liz Truss. We had a PM who announced a surprise budget of tax cuts, which ok, were a little bit stronger than ones the Tories had done previously. This caused a shock to the bond markets, cost quite a lot of money and she was immediately removed from office by her own party and her budget cancelled.
Trump has caused chaos and cost the US billions with his tariff talk, alienated most western allies, damaged the US MIC enormously and caused deaths in Ukraine by cutting support. The damage done is incalculable, it is not in the same universe as the damage caused by Liz Truss. The only thing that makes sense is that Republican party want America ruined and they aren’t going to stop unless they are forced to. I think what Trump has already done should qualify as treason on the basis of undermining the USA and supporting its enemies.
Precisely, it IS treason. At the very least he should be removed from any position of power over others.
All this tariff talk is just deliberate manipulation of the markets. Trump talks tariffs, the stock market tanks, creating buying opportunities for Sociopathic Oligarchs. Then he backs off the tariff talks, and the stock market rises again, and he brings up tariffs again in 4-6 weeks, and starts the cycle over again.
Normally I would agree with you if it was a one time thing. But the market stops listening to the boy who cried wolf. All the markets are down despite Trump rebonding the tariff and delaying it. There has to be something else at play. The guy is certainly not an economic genius but he generally at least pushes through with his idiotic shit.
Gullable idiots.
Ok let’s talk about the recession instead
Im gonna need you to get all the way off my back on this /s (pitch meeting reference)
One of their biggest campaign promises just broken. All those grocery stores that had to host this sack of shit for nothing.
Everything about this dude is so off-putting. He just looks condescending in every picture
He’d look so much more normal without the eyeliner.
…Trump has shifted from his campaign stance, recently telling Fox News “Inflation is back” but claiming “I had nothing to do with it” after just weeks in office.
We cannot let Trump get away with claiming that he campaigned on lowering inflation. Trump campaigned on reducing prices, not slowing the rate at which they increase.
Everyone with two brain cells knew he wouldn’t be able to do that. Now he can’t even seem to keep inflation low, which it already was the last year of the Biden administration.
Oh but we are going to let him get away with it, just like we’ve allowed him to get away with everything in his first term. This piece of shit is going to die like a wet fart and we’re going to allow it. Because we’re mostly sayers, not doers. We’ll say we’ll do this, but won’t do it. We keep hoping for karma or some invisible deity to come in and save us, but it won’t ever happen.
The reason Trump is ever in office both times, was because he is the poster-boy for hate, bigotry, ignorance and all things that incels, racists, xenophobes and bigots all look up to. They feel if he’s office, they get to get away with everything because there’ll be nobody or nothing to slow them down and this administration will enable it.
God fucking bless america. /s
Inflation was always going to go back up, and they all damn well knew it. Expect interest rates to stay high for the foreseeable future.
Because of monetary policy?
His project 2025 he’s clearly following does have a section on the Federal reserve, and its far tighter than it is now. I can see prices fall as shelter prices collapse.
Without an increase in supply, how much could housing prices actually decline? My bet? Not much.
You think people can afford to pay cash?
I think people sign up for 30 year mortgages because interest rates are below real inflation and they can make an arbitrage, as they benefit from the cantillon effect because ‘housing always goes up’.
I also think cheap debt drives shortages in housing, its a symptom of currency debasement and does not reflect a support for prices.
You think people can afford to pay cash?
You’re right, of course. People can’t. But there are gazillions of dollars in private equity sloshing around, particularly now because those dollars have fled the market that Trump’s tariffs are cratering. Private equity is happily ready to soak up all the distressed pricing housing available and turn more people into unwilling, permanent renters.
Yeah it’s how so many wealthy people are able to double their fortunes during recessions like in 2007/2008. They’re buying everything at a discount.
It’s almost like he lied just to get into office and then do whatever he wanted.
He lied openly and his voterbase ate it the fuck up. Ate everything, unquestioned. Standing there with their stupid thick skulls nodding unashamedly “UH HUH! YUP! U DU U TRUMP, U HAVE MUH VOTE!”.
My brother asked me if I was better off 4 years ago right before the election. I pointed out the USA had one of the best recoveries after the pandemic lock downs and asked what he think Trump would have done different. He didn’t answer. Ignoring that 4 years ago we were filling the impacts of Trumps government, not Bidens, I have to ask if he’s better off now than he was almost 4 months ago. I’m betting the honest answer would be no.
Criminals do tend to lie in an attempt to avoid prison.
I mean, welcome to pretty much every Presidential campaign ever. Running on a platform of “I will rubber stamp any legislation by my party that comes across my desk, and veto everything else” just isn’t good messaging, even if that is what everyone wants anyway.
There’s deliberately lying, like what Trump always does, and there’s bending the truth a bit, like what real politicians do.
I mean, the vast majority of presidential campaign promises aren’t even within the president’s power to affect. For the most part all they can do is try to get congress to play ball.
But, since Trump has shown that he will do whatever he wants with no impunity, it’s even worse than normal since he in theory could just write executive orders to keep his promises.
And there you have it, you stupid fucking 71 million americans, who ever believed this fuckface promised you about lowering egg prices. When it’s never been about that, it has mainly been about fulfilling the crooked policies he wanted to do and is currently doing. Keep eating them high costs, you stupid fucks. And you’ll still justify your reasoning for having voted for this guy because it’s voter’s remorse at this point.
It was never about egg prices for them, either. They just used that as their excuse so they didn’t have to publicly admit they just really like bigotry and hate.
Most never want to recognize that they’re racist. Most reject the idea that living in a racist society means you will internalize racism.
Those of us that have had to listen to their bullshit at holidays and other family gatherings for 50 years have been kindly letting them know.
It’s one of the reasons I’m glad my grandma is dead.
She was a devout catholic for her whole life, even winning awards for her service to the church.
When the pope condemned Trump’s border policies in his first term, she had the audacity to say, “The pope needs to mind his own business.”
I would have hated to be around her in 2020 onwards. She would have been a Nazi even though my grandfather was Jewish.
Hopefully you realize that “everyone who lives in a racist society internalizes racism” also applies to you as well. No one escapes this.
lol those of us that have done the work can break free. Looks like maybe you still have a ways to go too
The point that they’re making is that it’s a never-ending process to be aware of and guard against, and those who think that they’ve accomplished being “not racist” are often people who actively are racist and don’t see it. Think the liberal speaking over people about their own wants and needs.
Yes, and I was letting them see that they were doing largely the same thing themselves, by not knowing who they were speaking with or where they are coming from.
No, I recognize that this will be something we all have to deal with for our lifetimes. Frankly the person who they thinks they have resolved this are frequently the most die hard racists you’ll meet. I think that’s why there’s so many racists on Lemmy
One thing to keep in mind is that some of us also grew up poor and with extreme neglect and trauma. I actually feel closer to people of color, and immigrants, than I do with my own white Americans. Marginalized people stick together.
You’re off by about 6 million on the voting number, but I mostly agree with the rest of your point. Only other thing I’d push back on is that statement that this is only Trump’s doing. I believe the Conservative Party has been moving toward this moment for decades, with or without Trump. He’s just a great tool for them.
I was watching some jubilee youtube content (do not recommend) but the number one thing i have to say about conservatives is they suffer from some crazy form of indignation. Like, these were recorded pre-election and one guy was outright furious that kamala was campaigning as if project 2025 was trumps plan. Never mind it’s plain to see that would be their plan. Never mind that is exactly what we are seeing today. This same guy, if I stopped him on the street today would be mad about something entirely different and never even take a second to recognize how massively wrong he was. Jus’ out there being indignant about some other meaningless gop grievance.
Can’t Trump just declare the bird flu as nonsense like COVID? That’ll surely fix the prices.
Birds… Migrations… Immigrants! There … blame deflection complete in two steps only.
Actually, what I fully expect from this administration is to have the USDA stop inspections and declare the bird flu over. If they are really brazen, they’ll tell farmers to not cull the birds and to stop all testing of bird flu.
This is how our country dies.
I’m not happy about it or anything, but at least in this scenario it becomes entirely feasible for all of these fascist clowns to (technically anyway) choke to death on removed, so I’m understandably conflicted
Nah they’ll just blame the “deep state” government for not stopping it while still defending Trump just like they did during COVID.
The ostrich method appears to be popular lately. We’ve banned all discussion of climate change for example in at least one state. We’ve even passed the law saying it isn’t real.
I don’t get it. If the method is so effective, just say it’s gone.
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He will never lower the price of eggs. And soon he will crash the economy. No one will have money for eggs, which will cost $20/dozen. He is crashing our Democracy & economy. I can’t wait until he tries to remove all the gold bars from Treasury and flee the country.
Ha ha ha the Orange Turd can’t even get egg prices down.
